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Showing posts from August 21, 2012

Apple Is Now History's Richest Company - Is It Going To Be A Trillion-Dollar Company ?

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Apple Inc . surpassed Microsoft Corp. Monday as the largest U.S. company ever, measured by stock-market value.    Apple hit the new milestone -- $623.52 billion -- at a time when its influence on the economy, on the stock market and on popular culture rivals that of some of the most powerful companies in U.S. history: General Motors Co., whose Corvette and Impala typified a confident postwar manufacturing giant; Microsoft, whose technology heralded the arrival of the personal computer and the early Internet age; and International Business Machines Corp., whose buttoned-down rigor inspired rivals to reach for greatness.    "It is one of those iconic companies," says Richard Sylla, professor of financial history at New York University's Stern School of Business. "When I think about these companies, their products were used by all kinds of people and their leaders were considered geniuses."    Apple's stock-market valuation at Monday's close
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NF (5383) -  All levels remain same :  Support 5390-5360 ( even though  last  Friday  it made low 5352) Above that  short term upside target 5630-5660 in between resist at  5525-5545 But trade and stays below the support, then downside target 5285-5255

Reliance Industrial Infrastructure

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RIIL (426) - Trade and stays below 420 take it down to 388-378

Shriram Transport Finance Company

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SRTRAMSFIN (595) - Already posted levels on 17th Feb.12 All mentioned levels are remain same and intact. And once again remind if it trade and stays above 615-621 then ready for another big move.  otherwise once again one more correction going to happen

Strides Arcolab

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STAR (818) - Hereafter support exists at 790-770 Above this, marching towards 844-855 and afterwards,  this round Ultimate upside target 905-925

Tata Consultancy Services

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TCS (1278) - See post dated 02nd May 2012 Still all the levels are remain same and intact. It is only a reminder.